🚀$PENGU /USDT Analysis – Buyers Holding Steady Near Support🤔🔐👇
Current Price: 0.00985 USDT
📊 1H Chart Breakdown:
$PENGU Price recently bounced from 0.0095–0.0096 zone, showing active buyer defense.
A fresh green candle has closed above the 20 EMA. If sustained, this may indicate a potential short-term reversal.
RSI is neutral at 53.3, showing room for upside.
MACD is narrowing with histogram turning light pink — momentum may shift bullish if crossover completes.
📈 4H Chart Confirmation:📊
Clean MA/EMA cross already occurred earlier, supporting medium-term bullish intent.
Price is respecting the 20 EMA (green line) repeatedly as support.
RSI at 58.8 and stable MACD histogram confirm sideways-to-bullish bias.
🟢 Bullish Strategy Plan:🔥
If $PENGU sustains above 0.00975, consider entry between 0.00976 – 0.00985 with targets:
🎯 TP1: 0.01020
🎯 TP2: 0.01060
❌ SL: 0.00948 (below key support wick and MA)
⏰ Trade Duration: Intraday to 24 hours (scalp-to-swing)
📌 Why Bulls Might Step In:🤔💥
Low timeframe EMA reclaim with green momentum
High volume base near 0.0095 (buyers absorbing)
RSI and MACD both stabilizing in positive territory
🧠 "Good entries come from patience, not fear of missing out. Let the chart call you."
📉 DYOR before entering. Market conditions may shift fast!
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